SYSTEM AND METHOD FOR INCENTIVIZING EFFICIENT ENERGY MANAGEMENT

摘要

ABSTRACT SYSTEM FOR MONITORING AND ANALYZING USAGE OF ENERGY AND METHOD THEREOF The present invention discloses a system for monitoring and analyzing energy usage at a location having energy consuming devices. The system comprises a grid adapted for providing power. One or more energy consuming devices connected to the grid for receiving the power. An energy converter connected between the grid and the energy consuming devices, for generating data based on predefined parameters. A cloud server connected to the energy converter for monitoring and analyzing energy consumption pattern of a user based on the data received from the energy converter, thereby incentivizing the user for optimizing the consumption of energy. Figure 1